Mutual Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
INVESTMENT GRADE INCOME TRUST 20+ YEAR SERIES 6 (NASDAQ:VKTNSX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for VKTNSX
The long term trend has been DOWN since Jan 18th, 2018 at 1002.450012
The intermediate term trend has been DOWN since Sep 4th, 2018 at 961.270020
The short term trend has been UP since Sep 21st, 2018 at 952.480000
Smart Scan Analysis for VKTNSX
Based on a pre-defined weighted trend formula for chart analysis, VKTNSX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1021.38||52wk High Date||2017-12-15|
|52wk Low||950.53||52wk Low Date||2018-09-19|
|Year End Close||1017.780032||Yield||5.38|